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it was the superstorm sandy. specifically, when we had the little bear hug where christie, game changer for the election, where christie went and embraced obama. that was a big deal. he was the main people surrogate for romney campaigning in the election for him to validate and say hey, this guy is doing a great job. didn't help days before the election. >> eric: big story. sandy. christie. two big stories. >> kimberly: yes. >> eric: juan, what about you, sir? actually i don't think there is any -- >> juan: i don't think there is any question. the big story of the year was the election. the big story here is the change in the way technology, media treats an election. i remember the debate. the first debate. won by romney. the way i was looking at it. obama is not doing bad. not doing great but basically you got to knock out the champ to beat him. it didn't see a knock-out. all my friends like sean hannity, i sit next two on twitter and they're scoring the debate minute by minute, everything going on in social media. in that case, romney was the winner. that's true with fundraising. each campaign raised
will be re-elected, mitt romney will come up a loser in this race. >> jon: the billing media story of the year, the presidential election. that was how it ended. barack obama beating mitt romney and an end to a bitter season that started early with the g.o.p. primaries and events like this. >> we saw some of this black church in south carolina where a woman asked you why you referred a president obama as the food stamp president. it sounds as if you are suitcase to go belittle people. >> first of all, juan, the fact is that more people have been put on food stamps by barack obama than any president in american history. [ cheers and applause ] >> i know among the political kli correct and i'm supposed to you use facts that are uncomfortable. [ laughter ] >> so that was just part of a long and memorable primary season. juan, is that your highlight of the year. [ laughter ] >> my highlight? it is telling again for newt gingrich. he in a subsequent debate when we was asked about extramarital life and enough about these questions and made the media successfully a target of his ire. >> j
ten moments of an election year is like finding your favorite grain of sand on the beach. there are an impossible number of possibilities. there are the moments when catch phrases become boomerangs. >> if you got a business, you didn't build that. >> i like being able to fire people who provide services to me. >> when cast members stole the spotlight. >> i'm an american woman who us contraception. let's start there. >> almost like an etch a sketch, you can shake it up and we start all over again. >> a fair number of moments ranging from ridiculous to explicable. >> i'm not going to shut up. it's my turn. >> i think it's called romnesia. >> if i were to coin a term it would be obamaloney. >> so many moments so much nonsense. but there were moments that shook up the race or made history and made our top ten list. >> it was seen at the time as a proxy race for november. wisconsin's republican governor scott walker in a showdown with organized labor over budget cuts and collective bargaining power. turns out the end result was no bellwether for the presidential race. walker w
-- not vice president. in the white house with her president husband. but as the year goes by and the election cycle goes by i get more distrustful of politicians and politics. >> eric: what do you think, juan? >> juan: i think -- >> eric: will she be north r forth coming with the testimony she gives? >> juan: i don't know why you besmirch her reputation -- >> kimberly: we're not. >> juan: it's way out of line. way out of line. she is the most popular politician for a reason. people respect her work and she represented the country as the face of america to the world. breaking news. there was a report out on benghazi widely respected and honored report that indicated there were no lies or coverups or assets withheld from protecting the consulate. i don't get it. >> from the beckel institute. >> anything that doesn't fit there were ail yeps in new mexico. >> eric: lisa jackson is stepping down. we found out that she had been using a an alias e-mail address. >> kimberly: i am surprised this is happening. so far we have seen a lack of accountability. nobody stepped down or stepped aside. they are
we live in a center-right country. if you look at the last two presidential elections that doesn't seem to be the case. are we living now in a new, progressive era? >> in terms of the presidency, i think we are, paul. i'm not sure about the country. barack obama i think is the center left or left wing president since the great depression and i think that what barack obama has in mind to do is indeed to redistribute income from the top downward, not to cut spending, but to increase spending, it's explicit from a 20% of gdp to 25% gdp and rather than cut spending raise taxes as necessary to support that spending and i would say that is in fact essentially the french model. and the question is whether it can support enough growth in the economy. >> paul: taxes are going up, we know that, spending, going up for sure even before the health care law kicks in. so, we are moving in that direction, particularly in the entitlement state. not reforming it, but actually expanding it. >> aen what happened this year was the supreme court helping this along, you have the justices essentially re
of the three parts of the elect ared government. i will fight as hard as i can to minimize this damage. but i got to be honest with you, i mean we got a pretty tough hand to deal with here. and we can't just change that law by ourselves. >> sean: it seems to me senator johnson three things that maybe the president hasn't thought of. number one if the president goes over the fiscal cliff on his watch the optics are not very good for him. while he may think there is an advantage here when the country sees its taxes go up then he comes in as the guy that is the tax cutter. has he tored in the republicans -- factored in the republicans have control of the budget with the debt ceiling? >> i think the president is beginning to see the long-term consequences if we do increase taxes. we maybe ought to do a little celebrating here. democrats are now on board that 98% of bush's tax cuts were a good thing for america and for the economy. let's at least chalk that up as a win. i agree with senator toomey, right now unfortunately only president obama is the one man that can sign a bill into law and withou
for holding elected officials feet to the fire. my party and colleagues and myself included it is frustrating as a house member. i can't be a house member and senator and president all at once. the house has led. we have tried to be the party of ideas. the body of ideas. as you know this summer we passed a bill to keep tax rates low for everyone. it has been dead in the senate. harry reid won't take it up. after the election john boehner got criticism even from my party saying look, mr. president we will meet you halfway and give you the $800 billion in revenue and the president doubles the number. then last week he said all right let's try and get as many after hostages out alive and try as keep taxes from going up and we couldn't get a single democrat to join with us on a single bill introduced this summer which was saving all taxpayers a million dollars and below from the tax rates going on. not a single democrat would join with us. this didn't a problem of two well intentioned negotiators not able to come up with a deal. this is the house having to negotiate with itself and the president
this is the problem. where most people follow a presidential election and don't realize what happens in each of the districts. what republicans have done a very good job of in the past ten years or past two driklecycles governor's races, where they've won all the governor's races, redistricted by controlling legislatures and governorships, and they have the ability now to make very safe republican districts, where as opposed to having what we had was about 40 years of democratic control in the house, you could see a decade, at least, of republican control, perhaps, because of the fact that they are, or at least make it tougher for democrats to take back over the house. now, we crunched the numbers as well a few weeks ago to say there's something -- there is a vast majority of these folks have won with 60% or more in those districts. >> yes, remarkable. why compromise? >> yeah, why compromise? you know, it's just funny to me, because when you think about the fact that nothing's gotten done or very few things have gotten done, aside from some government buildings and post offices, you know, th
the threshold for tax increases, reversing massive pay cut from medicare doctors, and elections of millions of americans to avoid paying the alternative minimum tax. an increase in the debt ceiling is not part ofhe discussion. that is significant development r house republicans who won any increase in the borrowing limit it accompanied by an equal amount in spending cuts taking the debt ceiling of the table making it much easier for the scaled-down version to be negotiated. from here senate leaders will try to secure an agreement by sunday morning. if so, democrats and republicans will try to sell its house and senate members. if they can do that the voting begins. there is some progress report this evening, though there are no guarantees. congress will act to resolve this. tom: this sounds a little bit like bob woodward's book to by bob woodward's book when he talked about the debt ceiling fight back in 2011. mcconnell, from the way i read it, mcconnell and reid took it away from the president and said , let us to work our own deal by ourselves, kind of cutting him out of the negotiations.
who might be skittish on that. it's also a fair number of moderate democrats who are up for re-election in the next cycle, 2014, who are from red states, who simply will not even talk to reporters about the idea, much less endorse the idea of supporting any kind of new gun control measures yet. >> even now. you would -- well, i'm being naive, i know. if you have strong feelings about it, after what newtown happened, don't constituents want to know what their legislators think? why not just embrace what you think even if you say, well, i don't think gun control laws should be put into place in america. >> if i told you it was tough politics, would you be shocked? that that's the reason why. but in all fairness, i think that the political realities and the fact it is politically tough, despite what happened in newtown for a lot of politicians to do anything to anger the gun rights enthusiasts. and we're talking about, as you reported, a 4 million member organization, it's tough for them to do that. i think also, everybody is just trying to kind of work through what could be possible legis
, a budget resolution. the fact we're down to the 59th minute of the 11th-hour and a couple elected officials and unelected staffs behind closed doors doing a back room deal is an outrage. >> in the final moments, a key development is that vice president joe biden has been in delaware for the weekend. he came back a few hours ago and is huddled behind closed doors, two phone calls with mitch mcconnell. a year and a half ago, it looked like all hope was lost and vice president with his long time in the senate many years was able to reach out to mitch mcconnell and they pulled a deal together in the final hours. >> the 59th minute of the 11th hour. ed henry, thank you very much. >>> going over the cliff would affect nearly every american from smaller paychecks thanks to higher taxes to the sudden end of unemployment. there are some things you really need to know about. i'm joined by gerri willis, anchor of the willis report on the "fox business" network. break it down for everybody. happens when we hit midnight on tuesday? >> the big fear and threat is that this political impasse turns into a e
over the election of abe and his push for abe-nomics is the fact that this is a very nationalistic individual. his first term in '06 was characterized by a lot of nationalistic policies. we'll see how that plays out with respect to the ongoing debate. >> we have to take a break here. the markets are looking for some direction after fiscal cliff negotiations stall. we get the word from the nyse floor, next on what you should be watching in today's session. later on, the anti-tax man himself is here to tell us about how he feels about the latest developments in the fiscal cliff negotiations. what a wild ride here we've seen all morning long. right now the dow up about 25. >>> welcome back to "squawk on the street." i'm john harwood in washington. i want to bring you up to date on the latest of the talks between vice president biden and mitch mcconnell. there's some concern among democrats who have heard that the income threshold for tax rate increases may be going up to 400, 450, $500,000. a source familiar with the talks just phoned me to say the democrats are only considering that
this legislation. one of the issues of course in the wake of the elections, a lot of critics of republicans said, the republican party in particular need to be more supportive of immigrants, have some kind of path to citizenship. ur legislation doesn't go that far. should it go further and why is it important to make at least some steps in the direction of helping people become more fully integrated into society? >> well, first of all we do welcome immigrants because there is a way to come into our country legally. what we're dealing with is people who have come illegally and in this case they are children who really didn't have a choice. and they are here and they have been educated in america and we're trying to give them a legal status that doesn't allow am fear of deportation. allows them go to college or go to school and stay here if they want to. if they want to become citizens, they can apply and get in line and abide by the law as it is today. we don't change the law. we don't prohibit them. but we don't give them the cut in line before the people who have it withed for years to get that
in the 1970s. in 2007, she had returned to pakistan from self-imposed exile to run in the general elections. she was killed at a campaign rally. her son was picked to lead her party. >> i am thankful to the cc for imposing their trust in me as chairman of the pakistan people's party. >> reporter: but he was just 19 and studying at oxford. her husband was co-chairman of the party. he ran for president and won. now her son, at age 24, has given his first major speech at the family shrine. and his father seemed proud to launch him into political life. >> translator: his education is finished, and his training has begun. he has to stay with you, with the workers. he has to learn with you. he has to learn about pakistan, learn how to work with you, learn your thinking. >> reporter: he's still too young to run for office but will likely be a figurehead in the general elections, expected within a few months. isha sesay, cnn, atlanta. >>> and the family of nelson mandela is speaking out. >> our grandfather is great. he's doing very well. >> after rumors that mandela was close to death, family membe
won the election. senate democratic leadership aide tells me that will remains a 50/50 chance we will get a mini deal temporary extension of tax cuts under $250,000 before the january 1 deadline when we would go over the cliff. will are no assurances of that. a white house official told me as president obama prepares to fly back to conduct and participate in the negotiations at the end, there has been no progress over the holiday weekend. michelle, i'm afraid that people who are looking for a deal and looking for a deal by december 31, all hope is not lost. it is not looking good at the moment. >> let's go back to this hitting the debt ceiling on monday. we learned of this because treasury secretary tim good night mother sent a letter to the honorable harry reid majority leader. and that's where he outline it is fact that in three business days, the summit government is going to run out of borrowing capacity. john, if there were a treasurer in a business who went to their boss and said by the way, three business days, the working capital account dies and as a result, you are not
on elections? think of all the -- you know, the people that could benefit from that money, you know? >> there have been two elections since i've been in america, there have been two elections where one party has had far more financial firepower than the other. one was here in california with meg whitman, one was nationally, but romney clearly had more money than obama. for most of that campaign. in both cases, the one with the most money lost. >> isn't that great? >> what does that tell you? >> people are getting smarter. i don't like all this amount of money spent on this election. there should be a give -- campaign finance reform is very important. i hope somebody does something about it. you should have a given amount. equal amount. equal air time and that's it. you know? that idea of corporations being people, no, no. this is a country of, by and for the people, not of, by and for the corporation. you know. because i'm so against gmos, the modified food, and i'm so against lobbying, you know, by chemical companies lobbying, and that proposition 37, you know, was bad. and that's
. they voted in the presidential election and re-elected a president who said that was his criteria. but the president understands this is a process where compromise is necessary. the house of representatives, controlled by the republicans, clearly has indicated that a million dollars was not acceptable to it in the united states senate. clearly, mitch mcconnell controls the ability under the senate rules of the legislation to move forward. so the president simply is saying, look. i don't want taxes to go up on working americans. i want to make sure that the unemployed have some help going forward and we need to move on those two issues. he is prepared to compromise and has been willing to compromise and, in fact, has compromised throughout the last two years. do some democrats not like that? yes, i think that is the case. i frank liam not enthusiastic about the compromise being talked about today. >> would you vote yes on it? >> we'll have to see what the final product is. but i think we need to get to compromise. we need to move forward. nobody wants to go over this cliff. going o
the disagreements. the notion that our elected leadership can't do the same thing is mind boggling to them. it needs to stop. >> in washington, i'm stacy cohan. >> uncertainty over the fiscal cliff is having a ripple effect from washington to wall street. u.s. stocks ended the session on friday in the red for the fifth straight day. a triple digit loss for the dow which tumbled 158 points, the nasdaq lost almost 26 points. the s&p 500 shed almost 16 points. and the gridlock in washington could help the current congress make history as the most unproductive ever. it's amazing. a review by the huffington post shows 219 bills have been passed this session, that's compared to 383 bills passed by the previous congress, and 460 by the group before that. now, to avoid the distinction, congress needs to submit about 100 bills to president obama over the next few days. something tells me they're not going to be able to do that. but there is one thing the senate has been able to agree on, getting aid to victims of superstorm sandy. by a 61-33 vote, the chamber passed the measure offering $60 billion in help.
come off the dow very similar to what we saw after the election when we don't get a deal. this comes home. people don't realize what this is going to do. this is not healthy. this is not good. so what we're going to get is this wakeup call and i think people are getting a gift right now, opening the screens, take some off the table. at least place protective stops so you know where you will get out. >> rick santelli, is that how you read the message of the market right now? >> you know, i think the market's major movement with regard to the lack of a solution on the fiscal cliff has been more of what we've seen not more of what we think we're going to see. i'm referring specifically to some of the special dividends, some of the tax issues, some of the buy backs, some of the way, you know, states and trusts are being manipulated and moved to deal with the potential worst case scenarios. i think in terms of the market our guests just referred to some of the volatility. you know, as congress called it a day or as the boehner bill didn't pass the plan b. but i remember the t.a.r.p. vote.
of our lungs by it, but we were drowned out by the election. it seems common sense and good governance often get drown out by seemingly endless and continuele lesing elections in . we will be watching these developments play out over the weekend as congress is set to convene sunday evening. but as you know, alison, you've been saying, the markets may put pressure on lawmakers to act on monday. stocks were weak toward the end of the week as investors wanted no part of this uncertainty, especially going into the new year. i'll be hosting a special edition of "your money," in a few hours to bring you up to speed on what you need to know as we watch this faceoff unfold. alison, back to you. >> thanks, ali velshi. how will the markets and small businesses react if we do go off the cliff? in an hour, i'm going to ask a former economic council member under george w. bush about the future of our economy. >>> meanwhile, india's capital is on lockdown right now. new delhi and other cities brace for unrest and protest after a young woman brutally gang raped dies. we have a live report from new de
election when that guy came in who did not take them out of euro to. meet biggest things that happened this year were things that didn't happen. no greece exit, no china hard landing and no u.s. slipping into a recession. therefore, the market has been able to lift. >> the last thing that may not happen is the fiscal cliff resolution, too. that could throw an iron in the fire. we've all got to be mindful of the possible debt downgrade. moody's and fitch are still at aaa and they have been rumbling they might take us down, and i think if s&p goes down a notch, mandy, that's not good for the market. >> the fact that these predictions did not come true i guess show that making predictions -- >> it shows the value of strategists. >> okay. >> it shows the value of vat jists. >> what are you predicting for 2013? >> i think you have to watch things in europe. the big day is the september 11th elections in germany and germany could be harder after the election. in the first half is the sent ceiling discussion and finally profits, personal income and production, if those can do better than the
come back and do it and sworn in january 3rd and john boehner elected speaker, later that week or the next week, that's my guess having observed it several years. sometime january 10th, let's say, to pull a date out of the air, a thursday. anyway, i have no crystal ball. >> no offense. >> no pun intended, right? >> yes. but actually -- i do have one. back to you. let's quit while i'm behind. >> peter, you want to place any bets and get in on the pool there? >> reporter: as long as it's not cash on the table, we might as well. i'm thinking this thing has to happen by the same week, i think a couple of days before mike mentioned but i think that's when it's likely to happen and clear this is as mike noted all about principles right now. >> i do want to quickly on the next issue coming down the pike, the debt ceiling as mike noted, that's set to expire. they can sort of extend it moving money around but i thought bernstein had an interesting take on how the president may approach the debt ceiling. you either negotiate with terrorists or you don't. i take the president at his word
it. we really need our elected officials to figure this out. come up with a reasonable compromise that keeps our economy growing and gives us some certain about the future so we can make our plans as business leaders. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. >>> fiscal cliff fears pushing stocks lower but we're well off those lows right now and news that the house will reconvene on sunday evening at 6:30 p.m. eastern time. let's get to seemor, modi with more on this. >> hi, mandy, off of our lows, but today a risk-off approach to trading. that's a strategy being used as wall street is waiting by for the latest on the fiscal cliff negotiations. interestingly enough when you look at the year-to-date performance of the major indi
the presidential election. i guess you can keep the music going. why not? losing ground for negotiation on deal for fiscal cliff so no surprise they are using hope for the future. "washington post"/abc news poll says 72% of the g.o.p. is fearful about what lies ahead in 2013. all right, so let's take a look at the 72% of republicans say they are very fearful, which is up by double digits than what they were i guess under president bush. so greg, are republicans more grounded in reason, they see the future as nail biter? >> greg: conservatives are vampire killers. liberals hate the vampire killers. so the republicans are terrified that the government is expanding. the vampires are hopeful. >> andrea: have you been watching "twilights >> greg: i have been home with the flu watching vampire movies. >> andrea: noah's neighbors were hopeful for the future, too. >> kimberly: they're hopeful because the guys got in. they are entitlement dancing over their head. i would be in a good mood, too. people who are realistics that earn a living and pull out the wallet to pay for stuff. you got worries. look a
congress, after the election, politicians will be free to reason together. why should it be any different or any better in a new congress? >> what does it say about the state of our politics? that these elected officials, manufactured a crisis and can't get themselves out of the box that they constructed? >> what does it say? it says that we don't have just an ideological divide. we have a crisis of self-government right now. to be real clear about it. this is a time bomb that congress set. nobody wants to see frustration cuts. but that's the stick they put to their own head as a way of compelling a deal to get done. and a deal doesn't get done. we're not even aiming for the grand bargain that is necessary to reduce long-term deficits and debt. we're going to get a patch and be here again in two months. congress can't get out of its own way. we keep setting our own traps. >> john, we appreciate the clarity, even if it's depressing. thank you very much. >>> a lot of other news developing overnight. for that, let's check in, as always, with mr. ron claiborne. >> hi, dan, bianna. we begin in
-american elected to both houses of congress. inouye died monday. he was 88 years old. >>> and coming up on the "morning news," holiday cheer. children affected by hurricane sandy get presents from some generous secret santas. this is the "cbs morning news." for what? when things were tough, you kept believing in me... you helped make this happen. thank you. [ jane ] behind every open heart is a story. tell yours with my open heart collection at kay jewelers, the number one jewelry store in america. there are millions of reasons to give one, but the message is always the same. keep your heart open... and love will always find its way in. you did it, daddy. we did it. ♪ every kiss begins with kay is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry.
before election, we saw chris christie go from being one of president obama's toughest critics, one of mitt romney's best surrogates to really putting the people of new jersey, his state, the disaster in the number one place, number one priority and worked with the local and federal authorities, embraced the help that was coming from everywhere, and that has seen him get really high approval ratings. you know, it's funnich sometimes doing the right thing is the politically correct thing to do. >> they say good policy is good politics, vice versa. would be nice if other people on both sides of the aisle followed that. okay, richard. i want to get to your next naughty because these are two republicans who gave republican leaders, the people here i cover, major, major heartburn, you see them there,ed to akin and richard mourdock. >> they became the problems the republicans were having in recapturing the senate. ed to akin, the republican senate candidate from missouri and richard mourdock from minnesota, made offensive remarks about women and rape and todd akin introduce the the concep
. the opposition is also gearing up for parliamentary elections, which are supposed to take place within two months. in previous elections we saw the opposition unorganized and divided. this time they say they have a unified front to put as many as possible in the new parliament to change the constitution. while we see it unford, there's an economic crisis. egypt's economy is in dire straits, and the muslim brotherhood and islamic allies need you to unite with the option if they push through tough austerity measures which are fairly unpopular. the two sides don't seem like they're going to unite anytime soon, at least not until the parliamentary election. the economy just has to wait. ian lee, cnn, cairo. >>> in india protesters demand more protection for women. this is after a brutal rape aboard a bus. we'll talk with a woman that lived in new delhi and knows the dangers for women on public transportation. and a choice.with artn take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. has oats that can help low
a deal together. while the elected officials know they need to be more visible. >> mr. speaker, we ought to be here working, addressing these challenges. >> reporter: under pressure to show up, even if there is no deal to consider, congress will work this holiday weekend. the deadline is so close, outgoing members have already packed up their offices and need to move out while the harsh tone is going nowhere. >> the american people, i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. >> the president shows, instead, to spend his time on the campaign trail. >> reporter: what's at stake is real money for every american worker and family. >> the average family earning $50,000 to $75,000 a year will see their taxes rise $2400 in 2013. >> reporter: income tax rates go up at every level. taxes on capital gains and dividends will jump. the 2% payroll tax holiday ends. the alternative minimum tax will hit more families. long-term unemployment benefits expire. >> sad it got to this point,
. and right after the election, i really was hopeful that members of congress would be able to come together and work out these hard issues. we're not there yet, but the fight's not over in that these debt problems are still there facing us. we'll have to go back to january and get into entitlement reform. the job is not close to finished. whatever debt deal they pass today, they agree they come back as quickly as possible and work out these challenges. because the economy will not grow in any meaningful way until we add the stability and certainty of tackling challenges. >> with all due respect, did upg the 112th congress was going to come together on a grand bargaining? >> i was hopeful. leadership starts at the top. i haven't seen much leadership in this town. one thing that happens at the end of the day is we go crashing through this debt ceiling which to me represents the real issue, the real fundamental challenge is we're running $1.3 trillion deficits, been doing that for two or three or four years. these taxes will not change the problem. the real issue we've got is a trillion dollar
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on deeply held principles. and a lot of these house members got elected in districts that don't look anything like the rest of america. they're very extreme, gerrymandered districts in many case s with ca ca ca cases, and their own personal careers depend much more on how they're perceived back at home. so they don't necessarily care that this is one of the most unpopular congresses in recent history and one of the most unproductive congresses in recent history. they want to stick by their principles. >> it's true. and a lot of them say, eamon, i've been elected to be a check on the president and that's what a lot of this is about. >> right. this is deeply held, fundamental belief on both sides and there's a huge chasm between the two sides on these issues. and somebody's going to be a loser here if there's a deal. somebody's going to be perceived as having gotten rolled and neither side wants to be the party who got rolled here. i think both sides are looking at if fiscal cliff right now and saying, well, we could go over this thing. it wouldn't be the end of the world and that's a
should not be proud of the fact that leaders that have been elected are talking with each other. for cryin' out loud, don't knock that. that is all we have. we have to take that and see if we can improve upon it before but we have anything that has been publicly anoned, i don't think we should be complaining that it is not as grand add we wish. a we should do now is learn a lesson and promise the american people this will never happen again. >> i am come laning because i don't know what my tax bill will look like and that scares me, quite honestly. sorry to leave it there, don't mean to take the last word. >>guest: 2013 is tomorrow so see whether weigh can get some good exciting news tonight and work together and try to make up for the disappointments we have caused the american people and to milk certain we don't cause this for the entire world. >>neil: well look at the glass half full because you are telling us to. thank you. >>guest: good for you. >> again, congressman charlie rangel. another scathing report on the benghazi attack and the state department is not the only one
% of election because i suck my principles. the professionals knew that if they got in trouble, they were big enough to make a stink and to go down. neil: but now things have switched. now they have gone from o big to fail. >> up the speech that i gave and i was very unpopular in the mission michigan delegation. i voted against the appropriation. [talking over each other] ronald reagan might get. >> the point was it was a mistake then. not only for chrysler, because we had to bail them out again 25 years later, how can we have financial markets that have been disciplined where mistakes and errors go unpunished? u can. capitalism doesn't work that way. neil: i agree with you. you bertie concerned me. we had no choice because there was a financial abyss waiting. but if we can stabilize, the whole world would have collapsed. i've been spending the last 2.5 years writing a book on this very topic that will be coming out next winter. take aig. they had written proper rules, they wouldn't have had these problems. therefore, we could have put aig into bankruptcy. the only difference is one woman was
presidential candidate mitt romney. >> this election is over. but our principles endure. >> romney ran on his impressive business credentials but it was his multiple gaffes during the campaign that analysts say helped seal his fate. remember the 47% comments. >> 47% who are with him, who are dependent upon government. >> and this one -- >> binders full of women. >> number six, ex-cia director general david petraeus. >> breaking news now coming in regarding the chief of the cia, general david petraeus. >> general petraeus, can you talk with us, please? >> the news was unexpected. the reason, shocking. petraeus, a retired four-star general, had quit his cia post and admitted he had cheated on his wife. petraeus' mistress was also his biographer, paula broadwell, an embarrassing exit from the public stage by one of the most respected public servants of his time. >> number five, super jumper felix bum gartner. let's face it, he did what no human has ever done, diving 24 miles from the edge of space, breaking the sound barrier along the way. >> i'm still the same guy. but as soon as you start trav
have already over the last year before this election put $1.5 trillion of spending cuts in place. what we've been lacking is a partner on the other side that will put revenues on the table. the good news is i'm glad we're here at work. we need to stay at work and get this done. the negotiations seem to be moving in the right direction. >> and are you satisfied with the president's position here? because he won, and he had a mandate. he said $250,000. anybody making more than that, they would not have their tax cuts extended. now that has been raised by about $200,000 or so in that income threshold. do you think the white house has folded? >> i think what the president has done is done his very best, and he's been very successful to date in protecting middle class families. the other side wanted to put all of the burden on the middle class through, you know, terrible cuts to programs that support middle class families, whether it's deductions for homeownership or deductions for putting your children through college. that was unfortunate. so the president's done a good job. everyone's go
bitter campaign president obama won re-election in 2012. the president also won the supreme court's stamp of approval for his health care reform program. and made history with this statement. >> i think same sex couples should be able to get married. ♪ >> as 2012 comes to a close, the president joined in grief with a community shocked by senseless violence. >> these tragedies must end. and to end them we must change. >> brooke baldwin, cnn atlanta. >>> that's 2012 in just 60 minutes. what does 2013 hold? we'll find out together. i'm don lemon, thanks for watching. >>> okay, stand by, piers. >> things have got pretty wild with some of my guests, but nothing quite like this. what the hell's that? my studio has turned into a jungle. >> whoa, whoa! jack, am i going to die here? oh, my god, what's this? tonight, the one and only jack hanna and a few of his closest friends. >> he deficates on his legs to keep him cool. >> you know what, too much information. >> if he bites you, it won't hurt bad. this is the only animal in the world to carry leprosy. i'm not joking. >> now you tell me
>> reporter: making election night no surprise the biggest campaign story of the year. jim acosta, cnn, washington. >> and i'm allison kosic. "cnn newsroom" continues now with martin savidge. don't go anywhere. >> thank you very much. >>> welcome to the cnn "newsroom." i'm martin savidge in for fredricka whitfield. here are the top stories we are following right now. >>> that fiscal cliff. we are at the very edge. senate leaders are working through the weekend trying to reach a deal before the deadline. today president obama called on lawmakers to meet their deadlines and responsibilities and forge a compromise to avoid tax hike and spending cuts from taking effect. lisa desjardins is live on capitol hill. what's going on right now? >> reporter: right now it's all behind closed doors, martin. what we just have learned in the last hour, in fact, what reporters have seen here, a surprise. house speaker john boehner was here at the capitol. we're still trying to sort out exactly why he was here, but he wasn't here for very long, it seems. he left in the last hour. also, we were able
as a fundamental issue. >> that's fair. this was an election, barack obama won by three percentage points. this is a divided country right now. it's not me and grover. >> it does not absolve anyone of the responsibility of getting the business of the nation done. >> i agree with that. i agree. i want a resolution here. and i think actually there's room for -- i think there will be some kind of bargain in the next couple days or next few weeks and then we move on to these bigger issues that you've been talking about, tax reform, et cetera. one last point if i may. whether we improve these tax increases for the rich or not, as you know, you've said, we still have a trillion-dollar deficit. we have a lot of work to do. >> we do. all i ask is that we get the work done. steven moore, always a pleasure. thank you. we'll talk to you a lot in 2013. >>> up next, the great tax debate that steven was just talking act. does raising tax on the wealthy really hurt the economy? i'll give you an answer. s. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. a
clout. what the nra does so well is organize and motivate their people to get out in elections. arguing against what they do, you are arguing against democracy. we're in this fight together, instead of dwighting america, let's come together for a change. we can. >> i want to talk a little more about the proposal that wayne la pierre made too put armed police officers in schools. it's gotten tepid support from republicans and that's probably an understatement. listen to john boraso yesterday. >> i think decisions about schools ought to be made at the local level. i would not want a national effort to say you have to do this at schools. i think local education decisions are best made at the local level. >> so even the -- people who should be the biggest supporters of this ideas to not only put armed police officers in schools, but to fund it republicans in congress, they are hands off, what does that tell you? >> lots of ways we can approach these issues and it really requires a multidisciplinary approach. what works in an environment in new york city isn't going to work in rural america,
gone on for 20 -- >> these redline warnings talk? >> cnn projects barack obama will be re-elected president of the united states. >> terror at an elementary school in connecticut. >> 20 children dead. six adults are also dead. >> so our hearts are broken today. for the parents and grandparents, sisters and brothers of these little children. may god bless the memory of the victims. and in the words of -- heal the broken-hearted and bind up their wounds. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. >>>
there for a week. >> i said, why don't you have anderson what i sexted him on election night? >> she did. send e me dirty messages for david gergen. >> top that, crowley. >> okay. see, and usually i it follow-up really well, but there's just no place to go with sexting david gergen. i'm sorry. there's just not -- >> the most comparesing thing was i actually showed david gergen the messages. because she was pressuring me. >> weird stuff. >> expect bizarre and youd landiland iland outlandish is all i can say, the expressions on the faces is what makes it priceless. i can't wait to see what they have up their sleeve. >> interesting. what do you have new year's eve? >> well my birthday is new year's day. my parents are coming into town. we're going to a party. it's all fun. and you are getting ready for -- >> what else? the fiscal cliff. a fiscal cliff special coming up new year's day. i have to go to bed early. too bad. >> sorry. >>> the next hour of "cnn saturday morning" begins right now. -- captions by vitac -- www.vitac.com >>> good morning, everyone. i'm alison kosik. >> and i'm chp cristi paul.
the election, president and mrs. obama sat down with barbara walters. in this moment from their wide-ranging conversation, the first couple is revealing intimate moments from the campaign trail. >> mr. president, mrs. obama, there's a photograph of that you went viral. became the most-shared photograph in the history of twitter. here it is. when you look at this picture, what do you think? at what point was that? >> i think we were campaigning in iowa. >> why were you hugging her so hard in iowa? >> because i love my wife. >> also, i hadn't seen him in a while. when you're campaigning, we're two ships passing in the night. and the first time i saw him was when i walked onstage to greet him. and that's my honey giving me a hug. >> i like giving you hugs. >> how do you keep the fire going? >> that's a good question. >> you know, we've been married now 20 years. >> uh-huh. >> and like every marriage, i think you have your ups and you have your downs. but if you work through the tough times, the respect and love that you feel deepest. -- deepens. >> and there's a lot of laughter. you kno
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